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|Report ofthe Ttsrstees||||I to 5|
|Independent
Examiner's||Report|||
|Statentent ofFinancial||Activtties|||
|Balance Sheet|||||
|Notes to the Financial|Statentents|||9 to 13|
|Detailed Statement of|Financial||Activities|14|
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|Outreach
programme|21|
|---|---|
|Higher Education|18|
|Day Bursary at Kings School|182|
|Boarding Bursary at Kings School|3|
|Total Number ofChildren|224|
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|||||Statentent ofFinancial Activities|Statentent ofFinancial Activities|Statentent ofFinancial Activities||||
|---|---|---|---|---|---|---|---|---|---|
|||||for the Yeat|Ended 31M~a2021|||||
|||||||||31.5.21|31.5.20|
||||||Unrestricted|||Total|Total|
||||||fund|Restrtcted|fund|fitnds|funds|
|||||Notes||||f.|f,|
|INCOMING
RESOURCES||||||||||
|Incoming
resources|from generated||funds|||||||
|Voluntaty
income|||||22,209|54,241||76,450|89,927|
|RESOURCES EXPENDED||||||||||
|Costs ofgenerating
funds||||||||||
|Costs ofgenerating
voluntaty||income|||1,374|||1,374|3,273|
|Charitable
activitios||||||||||
|Charitable
Activites|||||10,816|||10,816|13,467|
|Grants|||||5,759|54,241||60,000|78,100|
|Governance
costs|||||1,989|||1,989|1,904|
|Total resources
expended|||||19,938|54,241||74,179|96,744|
|NET INCOMING/(OUTGOING)||||||||||
|RESOURCES|||||2,271|||2,271|(6,817)|
|RECONCILIATION|OF FUNDS|||||||||
|Total funds brought|fortvard||||8,438|||8,438|15,255|
|TOTAL FUNDS CARRIED||FORWARD|||10,709|||10,709|8,438|
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|||||31.5.21|31.5.20|
|---|---|---|---|---|---|
|||Unrestricted||Total|Total|
||Notes|fund
I|Restricted fund
8|funds|funds|
|CURRENT ASSETS||||||
|Debtors
Cash at bank|5|1,978
11,245||1,978
11,245|2,702
9,216|
|||13,223||13,223|11,918|
|CREDITORS||||||
|Amounts
falling due within one year|6|(2,514)||(2,514)|(3,480)|
|NET CURRENT ASSETS||10,709||10,709|8,438|
|TOTAL ASSETSLESSCURRENT
' "3nILITIES||10,709||10,709|8,438|
|NET ASSETS||10,709||10,709|8,438|
|FUNDS||||||
|Unrestricted
funds||||||
|Restricted funds||||10,709|8,438|
|TOTAL FUNDS||||||
|||||10,709|8,438|
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|31.5.21|31.5.20|
|---|---|
|f.|f|
|1,374|3,273|
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|4.|STAFIr COST||S||||||||
|---|---|---|---|---|---|---|---|---|---|---|
||||||||||31.5.21|31.5.20|
||Wages and salaries||||||||8,479|8,000|
||The avet age monthly|||number ofemployees||during|the year was as follows:||||
||||||||||31.5.2 I|31.5.20|
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||No employees|received emoluments|||in excess off60,000.||||||
|5.|DEBTORS:AMOUNTS I'ALLING DUE WITHIN ONF YEAR||||||||||
||||||||||31.5.21|31.5.20|
||Otltet debtors||||||||1,978|2,702|
|6.|CREDITORS: AMOUNTS IrALLING|||||DUE WITHIN ONE YEAR|||||
||||||||||31.5.21|31.5.20|
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||Other creditors||||||||2,514|3,480|
|7.|MOVEMENT||IN|FUNDS|||||||
||||||||||Net lllovemeltt||
||||||||At|1.6.20|in funds|At 31.5.21|
|||||||||f.|8||
||Unrestricted|funds|||||||||
||General
fund|||||||8,438|2,271|10,709|
||TOTALI'UNDS|||||||8,438|2,271|10,709|
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|||||||Incoming|Incoming|Resources|Movement
in|
|---|---|---|---|---|---|---|---|---|---|
|||||||resources||expended|fondle|
|Unrestricted|funds|||||||||
|General
fund|||||||22,209|(19,938)|2,271|
|Restricted
funds||||||||||
|Restricted
Fund|||||||54,241|(54,241)||
|TOTAL FUNDS|||||||76,450|(74,179)|2,271|
|Conlparatives|for movement||in funds|||||||
|||||||||Net movement||
||||||||At 1.6.19|ln funds|At 31.5.20|
|Unrestricted|Funds|||||||||
|General
fund|||||||15,255|(6,817)|8,438|
|TOTAL FUNDS|||||||15,255|(6,817)|8,438|
|Comparative|net movement|in|funds, included|in the|above are|as follows:||||
||||||||Incoming|Resources|Movenlent
in|
||||||||resources|expended|funds|
|Um estrlcted|funds|||||||||
|General fund|||||||39,203|(46,020)|(6,817)|
|Restricted
funds||||||||||
|Restricted
Fund|||||||50,724|(50,724)||
|TOTAL FUNDS|||||||89,927|(96,744)|(6,817)|
|A current year 12months||and|prior year 12months||combined|position is|as follows:|||
|||||||||Net luovement||
||||||||At 1.6.19|in funds|At 31.5.21|
||||||||f.|||
|Unrestricted|funds|||||||||
|General
fund|||||||15,255|(4,546)|10,709|
|TOTAL FUNDS|||||||15,255|(4,546)|10,709|
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||Illcoirlillg|Resources|Movenient
in|
|---|---|---|---|
||resources|expended|funds|
|||f||
|Unrestricted
funds||||
|General fund|61,412|(65,958)|(4,546)|
|Restricted
funds||||
|Restricted
Fund|104,965|(104,965)||
|TOTAL FUNDS|166,377|(170,923)|(4,546)|
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||||for the Year Ended 31 Ma
20|21|||
|---|---|---|---|---|---|---|
||||||31.5.21|31.5,20|
||||Unrestricted|Restricted|Total|Total|
||||funcis|funds|fun cia|funds|
|||||f|6||
|INCOMING RESOURCES|||||||
|Voluntary
income|||||||
|Child Sponsorship||||44,241|44,241|50,724|
|Donations|||14,351|10,000|24,351|31,022|
|Gitt aid|||7,858||7,858|8,181|
||||22,209|54,241|76,450|89,927|
|Total incoming||resources|22,209|54,241|76,450|89,927|
|RESOURCES|EXPENDED||||||
|Charitable
activities|||||||
|Wages|||8,479||8,479|8,000|
|Travelling|||2 337||2,337|4,825|
|Grants to institutions|||5,759|54,241|60,000|78,100|
||||16,575|54,241|70,816|90,925|
|Governance
costs|||||||
|Independent
examination|||1,380||1,380|1,000|
|Professional
fees|||609||609|904|
||||1,989|||1,904|
|Support costs|||||||
|Management|||||||
|Office administration|||1,134||1,134|3,111|
|Finance|||||||
|Bank charges|||202||202|114|
|Information|technology||||||
|Repairs and renewals|||38||38|48|
|Other|||||||
|Sundries||||||210|
|Subscriptions||||||432|
|||||||642|
|Total resources||expended|19,938|54,241|74,179|96,744|
|Net income/(expenditure)|||2,271||2,271|(6,817)|